Radisson Reports Highest Grade Drill Intercepts Achieved to Date Beneath the Historic O'Brien Gold Mine Including 89.36 g/t Gold over 3.7 Metres and 60.75 g/t Gold over 2.1 Metres

Radisson Reports Highest Grade Drill Intercepts Achieved to Date Beneath the Historic O'Brien Gold Mine Including 89.36 g/t Gold over 3.7 Metres and 60.75 g/t Gold over 2.1 Metres

Radisson Mining Resources Inc. (TSXV: RDS,OTC:RMRDF) (OTCQB: RMRDF) ("Radisson" or the "Company") is pleased to announce assay results from new drill holes completed at its 100%-owned O'Brien Gold Project ("O'Brien" or the "Project") located in the Abitibi region of Québec.

Four of the drill holes reported today are wedges completed from the previously reported pilot hole OB-24-337, the deepest hole ever drilled at the Project and the first drilled directly below the historic O'Brien Mine workings. This pilot hole, and the first three wedge-extensions drilled from it (OB-24-337W1 to W3) all returned multiple, high-grade gold intercepts, delineating a large zone of gold-bearing veins with good continuity (see Radisson News Release dated April 2, 2025). Now, an additional four wedges (OB-25-337W4 to W7) demonstrate the scale of this zone with the highest-grade intercepts yet achieved. Highlights include:

  • OB-25-337W7 intersected 89.36 grams per tonne ("g/t") gold ("Au") over 3.7 metres, including 293.0 g/t Au over 1.1 metres and 16.43 g/t Au over 8.1 metres, including 60.75 g/t Au over 2.1 metres and 9.69 g/t Au over 1.3 metres;

  • OB-25-337W5 intersected 47.70 g/t Au over 1.0 metres and 5.25 g/t Au over 4.0 metres, including 17.90 over 1.0 metres;

  • OB-25-337W6 intersected 6.45 g/t Au over 3.5 metres, including 18.80 g/t Au over 1.0 metres and 3.57 g/t Au over 12.0 metres, including 6.51 g/t Au over 1.0 metre and 3.70 g/t Au over 4.4 metres, including 7.11 g/t Au over 1.5 metres.

Radisson is also reporting, today, results from ten shallower holes drilled adjacent to the historic mine workings on "Trend #0", including drill holes in and around the former "Jewellery Box" zone (see Radisson News Release dated December 9, 2024). Recall that drill hole OB-24-347 returned 643.1 g/t Au over 2.1 metres, including 1,345.0 g/t Au over 1.0 metres on what is interpreted to be the near surface upwards extension of the famous high-grade and narrow mining stope. Highlights include:

  • OB-25-370 intersected 4.32 g/t Au over 6.5 metres, including 10.49 g/t Au over 2.1 metres;

  • OB-25-372 intersected 7.05 g/t Au over 2.5 metres, including 15.95 over 1.0 metre.

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Figure 1: Long Section and Plan View of Gold Vein Mineralization and Mineral Resources at the O'Brien Gold Project, with Today's Drill Holes Illustrated

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Matt Manson, President & CEO, commented: "Since last December, we have been reporting the delineation of a series of high-grade gold-bearing veins developed over a large area up to 500 metres below the base of the historic O'Brien Gold Mine. In today's news release we are reporting the highest-grade intercepts returned to date from this area, with the results of four new wedges drilled from our initial pilot hole. We are now delineating up to six mineralized zones over hundreds of metres, which appear related to mapped veins at the base of the former mine and which are outside the scope of conceptual mine plan contained in our recently reported Preliminary Economic Assessment (see Radisson News Release dated July 9, 2025). A priority of our ongoing 50-60,000 metre drill program at O'Brien is large step outs below the current mineral resources and the historic mine in a 'proof-of-concept' approach to test the potential extension of the O'Brien mineralizing system to 2 kilometres depth. To date, this strategy has been remarkably successful, with important implications for the future scale of the Project."

Matt Manson continued: "We are also reporting today several shallower drill holes targeting the surface projection of the famous "Jewellery Box Zone", rediscovered by Radisson with bonanza grades late last year, as well as the downward extension of our mineral resource block model on "Trend #0" adjacent to the Jewellery Box stope. Both target areas have returned high-grade intercepts, demonstrating extensive gold mineralization in and around this target area."

Table 1: Assay Results from Drill Holes OB-24-356 to OB-25-374 and OB-25-337W4 to W7

DDH Zone    From (m)   To (m)  Core Length (m) Au g/t - Uncut Host Lithology
OB-25-337W4 O'Brien Mine      1,474.2    1,475.5 1.3 3.44  POR-S 
     1,484.7    1,491.3 6.7 3.34  V3-CEN 
Including    1,484.7    1,486.0 1.4 5.04  V3-CEN 
     1,489.8    1,491.3 1.5 6.70  V3-CEN 
     1,524.2    1,525.4 1.2 3.01  S1p 
     1,533.2    1,534.4 1.2 4.62  S1p 
OB-25-337W5 O'Brien Mine      1,389.7    1,390.7 1.0 3.30  V3-S 
     1,427.5    1,428.5 1.0 47.70  V3-CEN 
     1,436.0    1,437.0 1.0 3.01  V3-CEN 
     1,440.0    1,441.0 1.0 5.32  V3-CEN 
     1,524.0    1,528.0 4.0 5.25  S3p 
Including    1,525.0    1,526.0 1.0 17.90  S3p 
OB-25-337W6 O'Brien Mine      1,488.5    1,492.0 3.5 6.45  POR-S 
Including    1,489.6    1,490.6 1.0 18.80  POR-S 
     1,570.0    1,582.0 12.0 3.57  S1p 
Including    1,570.0    1,571.0 1.0 6.51  S1p 
     1,635.5    1,639.0 3.5 4.30  V3-N 
Including    1,637.0    1,638.0 1.0 6.96  V3-N 
     1,644.6    1,649.0 4.4 3.70  V3-N 
Including    1,646.0    1,647.5 1.5 7.11  V3-N 
OB-25-337W7 O'Brien Mine      1,430.6    1,438.7 8.1 16.43  POR-S/V3-CEN 
Including    1,433.3    1,434.3 2.1 60.75  POR-S 
     1,475.2    1,478.9 3.7 89.36  S1p 
Including    1,476.3    1,477.4 1.1 293.00  S1p 
     1,502.7    1,504.0 1.3 3.18  V3-N 
     1,547.7    1,549.0 1.3 9.69  S3p 
OB-24-356 Trend #0          167.5        173.5 6.0 3.08  S1P 
Including        172.0        173.5 1.5 8.20  S1P 
OB-24-357 Trend #0          456.3        457.4 1.1 6.03  S1P 
         517.5        518.5 1.0 6.16  S3P 
OB-24-360 Trend #0          499.0        500.0 1.0 8.51  V3-CEN 
OB-25-367 Trend #0          108.6        110.5 1.9 4.65  V3-S 
OB-25-370 Trend #0          169.0        175.5 6.5 4.32 V3-CEN
Including        169.0        171.1 2.1 10.49 V3-CEN
         215.0        216.0 1.0 3.17 S1p/TX
OB-25-372 Trend #0          170.0        172.5 2.5 7.05  V3-CEN 
Including        170.0        171.0 1.0 15.95  V3-CEN 
OB-25-374 Trend #0          262.0        263.0 1.0 4.41  TX 

 

Notes on Calculation of Drill Intercepts:
The O'Brien Gold Project Mineral Resource Estimate Published on July 9, 2025 ("MRE") utilizes a 2.20 g/t Au bottom cut-off, a US$2,000 gold price, a minimum mining width of 1.2 metres, and a 40 g/t Au upper cap on composites. Intercepts presented in Table 1 are calculated with a 3.00 g/t Au bottom cut-off. Sample grades are uncapped. True widths, based on depth of intercept and drill hole inclination, are estimated to be 30-80% of core length. Table 2 presents additional drill intercepts calculated with a 1.00 g/t bottom cut-off over a minimum 1.0 metre core length so as to illustrate the frequency and continuity of mineralized intervals within which high-grade gold veins at O'Brien are developed. Lithology Codes: PON-S3: Pontiac Sediments; V3-S, V3-N, V3-CEN: Basalt-South, North, Central; S1P, S3P: Conglomerate; POR-S, POR-N: Porphyry South, North; TX: Crystal Tuff; ZFLLC: Larder-Lake-Cadillac Fault Zone.

Gold Mineralization at O'Brien

Gold mineralizing quartz-sulphide veins at O'Brien occur within a thin band of interlayered mafic volcanic rocks, conglomerates, and porphyritic andesitic sills of the Piché Group occurring in contact with the east-west oriented Larder Lake-Cadillac Break ("LLCB"). Gold, along with pyrite and arsenopyrite, is typically associated with shearing and a pervasive biotite alteration, and developed within multiple Piché Group lithologies and, occasionally, the hanging-wall Pontiac and footwall Cadillac meta-sedimentary rocks.

As mapped at the historic O'Brien mine, and now replicated in the modern drilling, individual veins are generally narrow, ranging from several centimetres up to several metres in thickness. Multiple veins occur sub-parallel to each other, as well as sub-parallel to the Piché lithologies and the LLCB. Individual veins have well-established lateral continuity, with near-vertical, high-grade shoots developed over significant lengths. Based on the historic data available, it is clear that the former mine was "high-graded", with mining focussed on a main central stope and parallel veins identified but left undeveloped.

The historic O'Brien mine produced over half a million ounces of gold from such veins and shoots at an average grade exceeding 15 g/t Au and over a vertical extent of at least 1,000 metres. Modern exploration has focussed on delineating well developed vein mineralization to the east of the historic mine, with additional high-grade shoots becoming evident in the exploration data over what has been described as a series of repeating trends ("Trend #s 0 to 5").

Since the end of 2024, Radisson has been delineating a series of high-grade veins beneath the historic workings of the O'Brien mine with a series of wedge-extensions drilled from the pilot hole OB-24-337, which intersected 242.0 g/t Au over 1.0 metre within a mineralized interval that averaged 31.24 g/t Au over 8.0 metres at approximately 1,500 metres vertical depth. With today's news release, assay results from a total of 7 wedges have now been reported and up to six gold-bearing veins have been delineated over an area of approximately 250 metres (east-west) by 250 metres (vertical). These veins appear to correspond to veins mapped at the base of the historic mine at 1,000 metres deep, approximately 300 to 500 metres above the new intercepts.

Radisson's vein modelling is undertaken dynamically as drilling proceeds and is used to guide future exploration and, ultimately, domaining for future resource estimation. Beneath the historic mine, vein V3-S_20 intersects OB-24-337W2, W3 and W7 and is further supported by underground mapping in an exploration drift located to the south of the main mined out vein at level 3450 (feet). Vein V3-C_03 is intersected by the pilot hole and all seven wedges and is further supported by underground mapping and the historic stope locations. Vein V3-N_02 is intersected by the pilot hole and all seven wedges and is further supported by historic underground drilling from the 3450 level. V3-N_03 is intersected by all seven wedges. With the new drill holes published today, two new veins have been added to this developing model: POR_S-14 intersected by the pilot hole plus three wedges, and CONG_15 which is intersected by wedges W2, W4, W6 and W7.

Based on drilling complete to the end of 2022, and a recently published Preliminary Economic Assessment for the Project (see Radisson news Release dated July 9, 2025) the Project has estimated Indicated Mineral Resources of 0.58 million ounces (2.20 million tonnes at 8.2 g/t Au), with additional Inferred Mineral Resources of 0.93 million ounces (6.67 million tonnes at 4.4 g/t Au). Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.

QA/QC

All drill cores in this campaign are NQ in size. Assays were completed on sawn half-cores, with the second half kept for future reference. The samples were analyzed using standard fire assay procedures with Atomic Absorption (AA) finish at ALS Laboratory Ltd, in Val-d'Or, Quebec. Samples yielding a grade higher than 10 g/t Au were analyzed a second time by fire assay with gravimetric finish at the same laboratory. Mineralized zones containing visible gold were analyzed with metallic sieve procedure. Standard reference materials, blank samples and duplicates were inserted prior to shipment for quality assurance and quality control (QA/QC) program.

Qualified Persons 

Disclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo, (QC), a geological consultant for Radisson and a Qualified Person for purposes of NI 43-101. Mr. Luke Evans, M.Sc., P.Eng., ing, of SLR Consulting (Canada) Ltd., is the Qualified Person responsible for the preparation of the MRE at O'Brien. Each of Mr. Nieminen and Mr. Evans is independent of Radisson and the O'Brien Gold Project.

About Radisson Mining

Radisson is a gold exploration company focused on its 100% owned O'Brien Gold Project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. A July 2025 Preliminary Economic Assessment described a low cost and high value project with an 11-year mine life and significant upside potential based on the use of existing regional infrastructure. Indicated Mineral Resources are estimated at 0.58 million ounces (2.20 million tonnes at 8.2 g/t Au), with additional Inferred Mineral Resources estimated at 0.93 million ounces (6.67 million tonnes at 4.4 g/t Au). Please see the NI 43-101 "Technical Report on the O'Brien Project, Northwestern Québec, Canada" effective March 2, 2023 and other filings made with Canadian securities regulatory authorities available at www.sedarplus.ca for further details and assumptions relating to the O'Brien Gold Project.

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Figure 2: Cross Section through the O'Brien mine including drill holes OB-24-337, and W1-W7

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Figure 3: Vein Modelling Across Drill Holes OB-25-337, and W1-W7

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Table 2: Detailed Assay Results (see "Notes on Calculation of Drill Intercepts")

DDH Zone    From (m)   To (m)  Core Length (m) Au g/t - Uncut Host Lithology
OB-25-337W4 O'Brien Mine      1,462.7    1,464.2 1.5 1.30 POR-S
     1,468.8    1,475.5 6.7 1.77 POR-S
Including    1,474.2    1,475.5 1.3 3.44 POR-S
     1,482.0    1,483.3 1.3 1.66 V3-CEN
     1,484.7    1,491.3 6.7 3.34 V3-CEN
Including    1,484.7    1,486.0 1.4 5.04 V3-CEN
Including    1,489.8    1,491.3 1.5 6.70 V3-CEN
     1,524.2    1,534.4 10.2 2.27 S1p
Including    1,524.2    1,525.4 1.2 3.01 S1p
Including    1,533.2    1,534.4 1.2 4.62 S1p
     1,549.1    1,550.1 1.0 1.82 POR-N
     1,578.0    1,579.0 1.0 2.56 V3-N
     1,585.0    1,586.5 1.5 1.48 V3-N
     1,609.5    1,612.3 2.8 1.24 S3p
OB-25-337W5 O'Brien Mine      1,368.0    1,369.5 1.5 1.59 V3-S
     1,371.0    1,373.0 2.0 1.05 V3-S
     1,389.7    1,391.7 2.0 2.98 V3-S
Including    1,389.7    1,390.7 1.0 3.30 V3-S
     1,401.5    1,403.0 1.5 1.56 POR-S
     1,412.0    1,413.5 1.5 2.05 POR-S
     1,422.0    1,423.0 1.0 2.02 V3-CEN
     1,427.5    1,428.5 1.0 47.70 V3-CEN
     1,436.0    1,437.0 1.0 3.01 V3-CEN
     1,440.0    1,441.0 1.0 5.32 V3-CEN
     1,456.0    1,458.0 2.0 1.22 S1p
     1,461.5    1,462.5 1.0 2.18 S1p
     1,490.2    1,492.3 2.1 1.99 V3-N
     1,509.5    1,510.5 1.0 1.78 V3-N
     1,524.0    1,528.0 4.0 5.25 S3p
Including    1,525.0    1,526.0 1.0 17.90 S3p
OB-25-337W6 O'Brien Mine      1,090.0    1,091.0 1.0 1.12  PON-S3 
     1,246.5    1,248.0 1.5 1.36  PON-S3 
     1,479.0    1,480.5 1.5 1.42  POR-S 
     1,485.0    1,486.5 1.5 1.76  POR-S 
     1,488.5    1,492.0 3.5 6.45  POR-S 
Including    1,489.6    1,490.6 1.0 18.80  POR-S 
     1,508.0    1,509.5 1.5 1.22  POR-S 
     1,516.5    1,518.0 1.5 1.81  POR-S 
     1,570.0    1,582.0 12.0 3.57  S1p 
Including    1,570.0    1,571.0 1.0 6.51  S1p 
     1,585.0    1,588.0 3.0 1.95  S1p 
     1,620.0    1,622.8 2.8 1.88  V3-N 
     1,635.5    1,639.0 3.5 4.30  V3-N 
Including    1,637.0    1,638.0 1.0 6.96  V3-N 
     1,642.0    1,643.5 1.5 1.69  V3-N 
     1,644.6    1,649.0 4.4 3.70  V3-N 
Including    1,646.0    1,647.5 1.5 7.11  V3-N 
     1,650.5    1,654.0 3.5 1.30  V3-N 
OB-25-337W7 O'Brien Mine      1,430.6    1,438.7 8.1 16.43  POR-S/V3-CEN 
Including    1,433.3    1,434.3 2.1 60.75  POR-S 
     1,475.2    1,478.9 3.7 89.36  S1p 
Including    1,476.3    1,477.4 1.1 293.00  S1p 
     1,502.7    1,504.0 1.3 3.18  V3-N 
     1,517.6    1,519.0 1.4 1.65  V3-N 
     1,547.7    1,549.0 1.3 9.69  S3p 
OB-24-356 Trend #0          150.0        151.5 1.5 1.17 POR-S
         167.5        173.5 6.0 3.08 S1P
Including        172.0        173.5 1.5 8.20 S1P
         176.3        177.7 1.4 1.03 S1P
         235.0        238.0 3.0 1.90 V3-N
         244.0        245.5 1.5 2.47 V3-N
OB-24-357 Trend #0          456.3        457.4 1.1 6.03 S1P
         467.0        468.0 1.0 1.44 S1P
         477.0        478.0 1.0 1.08 S1P
         479.5        480.8 1.3 1.29 S1P
         517.5        518.5 1.0 6.16 S3P
OB-24-360 Trend #0          499.0        500.0 1.0 8.51 V3-CEN
         507.5        508.5 1.0 1.52 S1P
         522.0        524.0 2.0 2.23 S1P
OB-25-367 Trend #0            83.4          84.9 1.5 1.34 V3-S
         108.6        110.5 1.9 4.65 V3-S
         174.5        176.0 1.5 1.05 TX
         187.5        190.2 2.7 1.29 V3-N
OB-25-368 Trend #0            81.0          82.2 1.2 2.00 PON-S3
         117.9        125.8 7.9 1.16 POR-S/V3-CEN
         182.0        183.0 1.0 1.03 V3-N
OB-25-369 Trend #0          158.6        160.1 1.5 1.54 S1p
         162.8        163.8 1.0 1.35 TX
OB-25-370 Trend #0          111.5        113.0 1.5 1.47 PON-S3
         163.2        164.2 1.0 2.26 V3-CEN
         169.0        175.5 6.5 4.32 V3-CEN
Including        169.0        171.1 2.1 10.49 V3-CEN
         215.0        219.0 4.0 2.14 S1p/TX
Including        215.0        216.0 1.0 3.17 S1p/TX
         234.0        235.0 1.0 1.43 TX
OB-25-372 Trend #0          170.0        172.5 2.5 7.05 V3-CEN
Including        170.0        171.0 1.0 15.95 V3-CEN
         201.0        202.3 1.3 1.84 S1p
         251.0        253.0 2.0 1.41 V3-N
OB-25-373 Trend #0          182.0        185.5 3.5 2.19 V3-CEN
         205.0        206.1 1.1 1.17 S1p
         213.5        215.0 1.5 1.25 S1p
         218.0        219.0 1.0 1.24 S1p
OB-25-374 Trend #0            77.0          78.3 1.3 1.10 PON-S3
         140.7        142.2 1.5 1.56 PON-S3
         251.0        252.0 1.0 1.40 S1p
         262.0        263.0 1.0 4.41 TX
         279.7        282.5 2.8 1.83 TX/V3-N
         290.5        292.0 1.5 1.32 V3-N
         303.0        304.5 1.5 1.14 S3p

 

Table 3: Drill Hole Collar Information for Holes contained in this News Release

DDH Zone Easting Northing Azimuth Dip Hole Length (m)
OB-24-337 Pilot O'Brien Mine 693700 5345070 346 -80 1695
OB-25-337W4 O'Brien Mine         710
OB-25-337W5 O'Brien Mine         557
OB-25-337W6 O'Brien Mine         609
OB-25-337W7 O'Brien Mine         596
OB-24-356 Trend #0 693699.54 5345491.88 349.0 -55 267
OB-24-357 Trend #0 693776.74 5345306.66 359.0 -60 528
OB-24-360 Trend #0 693776.74 5345306.66 354.5 -65.5 570
OB-25-367 Trend #0 693669.00 5345507.06 332.0 -45 237
OB-25-368 Trend #0 693669.00 5345507.06 347.0 -45 225
OB-25-369 Trend #0 693669.00 5345507.06 2.0 -45 219
OB-25-370 Trend #0 693670.72 5345487.06 358.0 -60 285
OB-25-372 Trend #0 693670.72 5345487.06 346.0 -61 295
OB-25-373 Trend #0 693670.72 5345487.06 334.0 -60.5 312
OB-25-374 Trend #0 693669.48 5345476.95 0.0 -68 318

 

Notes:
Hole DDH-24-337 Pilot was previously published on December 16, 2024. Hole lengths for wedges represent meterage from point of wedge.

For more information on Radisson, visit our website at www.radissonmining.com or contact:

Matt Manson
President and CEO
416.618.5885
mmanson@radissonmining.com

Kristina Pillon
Manager, Investor Relations
604.908.1695
kpillon@radissonmining.com

Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-looking statements including, but are not limited to, statements with respect to the ability to execute the Company's plans relating to the O'Brien Gold Project as set out in the Preliminary Economic Assessment; the Company's ability to complete its planned exploration and development programs; the absence of adverse conditions at the O'Brien Gold Project; the absence of unforeseen operational delays; the absence of material delays in obtaining necessary permits; the price of gold remaining at levels that render the O'Brien Gold Project profitable; the Company's ability to continue raising necessary capital to finance its operations; the ability to realize on the mineral resource and mineral reserve estimates; assumptions regarding present and future business strategies, local and global geopolitical and economic conditions and the environment in which the Company operates and will operate in the future;, planned and ongoing drilling, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, and the ability to incorporate new drilling in an updated technical report and resource modelling; the Company's ability to grow the O'Brien Gold Project; the ability to negotiate and execute an arrangement with IAMGOLD related to the Doyon Mill on satisfactory terms or at all; and the ability to convert inferred mineral resources to indicated mineral resources.

Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements Forward-looking information is based on estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others; the risk that the O'Brien Gold Project will never reach the production stage (including due to a lack of financing); the Company's capital requirements and access to funding; changes in legislation, regulations and accounting standards to which the Company is subject, including environmental, health and safety standards, and the impact of such legislation, regulations and standards on the Company's activities; price volatility and availability of commodities; instability in the global financial system; the effects of high inflation, such as higher commodity prices; the risk of any future litigation against the Company; changes in project parameters and/or economic assessments as plans continue to be refined; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; risks relating to the drill results at O'Brien; the significance of drill results; and the ability of drill results to accurately predict mineralization. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. These statements speak only as of the date of this news release.

Please refer to the "Risks and Uncertainties Related to Exploration" and the "Risks Related to Financing and Development" sections of the Company's Management's Discussion and Analysis dated April 29, 2025 for the years ended December 31, 2024, and the Company's Management's Discussion and Analysis dated May 28, 2025 for the three-months ended March 31, 2025, all of which are available electronically on SEDAR+ at www.sedarplus.ca. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258964

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Advancing High-grade Gold Exploration in Quebec

OTC Markets Group Welcomes Radisson Mining Resources Inc. to OTCQX

OTC Markets Group Welcomes Radisson Mining Resources Inc. to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Radisson Mining Resources Inc. (TSX-V: RDS; OTCQX: RMRDF), a gold exploration company, has qualified to trade on the OTCQX® Best Market. Radisson Mining Resources Inc. upgraded to OTCQX from the OTCQB® Venture Market.

Radisson Mining Resources Inc. begins trading today on OTCQX under the symbol "RMRDF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .

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High-Grade Gold Intersected on Globex's Kewagama Gold Royalty Claims

High-Grade Gold Intersected on Globex's Kewagama Gold Royalty Claims

GLOBEX MINING ENTERPRISES INC. (GMX Toronto Stock Exchange, G1MN Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exch anges and GLBXF OTCQX International in the US) is pleased to provide an additional update as regards drilling by Radisson Mining Resources Inc. (RDS-TSXV, RMRDF-OTCQB) on Globex's Kewagama Gold Mine Royalty claims. Globex holds a two percent (2%) Net Smelter Royalty (NSR) on the eastern portion of what Radisson calls East O'Brien, including all the Kewagama Gold Mine royalty claims eastward to the adjoining 100% Globex owned Central CadillacWood Gold Mines property including the Ironwood gold deposit.

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Radisson Continues to Expand Scope of Gold Mineralization at O'Brien with Latest Drill Results

Radisson Continues to Expand Scope of Gold Mineralization at O'Brien with Latest Drill Results

Radisson Mining Resources Inc. (TSXV: RDS,OTC:RMRDF) (OTCQB: RMRDF) ("Radisson" or the "Company") is pleased to announce assay results from fifteen new drill holes completed at its 100%-owned O'Brien Gold Project ("O'Brien" or the "Project") located in the Abitibi region of Québec. The fifteen holes represent step-outs below the existing geological model, east of the historic O'Brien Gold Mine (Figure 1) and are outside the scope of the recently completed Preliminary Economic Assessment ("PEA", see Radisson news release dated July 9, 2025). All holes intersected gold mineralization in characteristic quartz-sulphide-gold veins, and thirteen of the holes returned intercepts with grades and thicknesses consistent with the Project's existing mineral resources. These results continue to expand the scope of the Project's known gold mineralization. Highlights include:

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Radisson Files Technical Report for O'Brien Gold Project Preliminary Economic Assessment

Radisson Files Technical Report for O'Brien Gold Project Preliminary Economic Assessment

Radisson Mining Resources Inc. (TSXV: RDS,OTC:RMRDF) (OTCQB: RMRDF) ("Radisson" or the "Company") is pleased to announce that it has filed a technical report prepared in accordance with National Instrument 43-101 — Standards of Disclosure for Mineral Projects for the O'Brien Gold Project ("O'Brien" or the "Project") located in the Abitibi region of Québec. The report is titled "O'Brien Gold Project Technical Report and Preliminary Economic Assessment, Québec, Canada." A copy of the technical report is available under the Company's profile on SEDAR+.

The O'Brien Preliminary Economic Assessment ("PEA") describes a high value project based on the use of neighbouring milling facilities for the processing of mined material, reducing capital costs, development risk, and project footprint (see Radisson news release dated July 9, 2025). It represents a "snap-shot" study for the Project, utilizing the existing Mineral Resource Estimate ("MRE"), re-blocked with an updated cut-off yielding more ounces in more tonnes with good continuity at a lower average grade. An ongoing 50-60,000 metre drill program at the Project is currently delineating new gold mineralization outside the scope of the MRE and the initial mine design, including below the historic O'Brien mine workings.

Highlights of the PEA include:

  • After-tax Net Present Value at a 5% discount rate ("NPV5%") of $532 million, Internal Rate of Return of 48%, and payback of 2.0 years at US$2,550/oz gold ("Au").
  • Initial Capital Cost of $175 million and Life-of-Mine Sustaining Capital of $173 million.
  • Cash Cost1 of US$861/oz and All-In Sustaining Cost1 of US$1,059/oz including conceptual 30% toll milling margin on processing and G&A costs.
  • Extremely capital efficient with after-tax NPV5% to Initial Capital Cost ratio of 3.0 at US$2,550/oz Au.
  • 11-Year Mine Life with 740 koz mined and 647 koz recovered at 87% average recovery with a gravity-flotation-regrind-leach flowsheet.
  • 70 koz/annum average steady-state gold production (Years 2-8) at an average annual after-tax Free Cash Flow1 of $97 million.

The PEA was completed by Ausenco Engineering Canada ULC as lead consultant with specific responsibility for metallurgy, processing design, infrastructure and financial modelling. InnovExplo (a member of Norda Stelo Inc.) completed the mine design and mine scheduling, BBA Inc. were responsible for water management, surface facilities, and a review of the Project's environmental assessment procedure and permitting requirements, and SLR Consulting (Canada) Ltd. were responsible for the MRE.

Qualified Persons

Disclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo, (QC), a geological consultant for Radisson and a Qualified Person for purposes of NI 43-101. Mr. Nieminen is independent of Radisson and the O'Brien Gold Project.

The PEA is authored by Renée Barrette of Ausenco Engineering Canada ULC, the Qualified Person responsible for the preparation of the sections in the PEA on the Project's milling assessment, metallurgy, and the financial model which is based on capital costs, operating costs, and the mining cost provided by other parties; Mr. Luke Evans, M.Sc., P.Eng., ing, of SLR Consulting (Canada) Ltd., the Qualified Person responsible for the preparation of the MRE at O'Brien; Mr. Marc R. Beauvais, P.Eng. of InnovExplo, a member of Norda Stelo Inc., the Qualified Person responsible for the sections in the PEA on the mine design and mine scheduling, and; Mr. Hugo Latulippe of BBA Inc., the Qualified Person responsible for the sections on permitting, environmental, social, water management and closure cost estimate in the PEA. Each of Ms. Barrette, Mr. Evans, Mr. Beauvais and Mr. Latulippe have reviewed and approved the technical information contained in the PEA in their area of expertise and are considered to be "independent" of Radisson and the O'Brien Gold Project for purposes of NI 43-101.

Non-IFRS Financial Measures

The Company has included various references in this document that constitute "specified financial measures" within the meaning of National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure of the Canadian Securities Administrators, such as, for example, Free Cash Flow, EBITDA, Total Cash Cost and All-In Sustaining Cost. None of these specified measures is a standardized financial measure under International Financial Reporting Standards ("IFRS") and these measures might not be comparable to similar financial measures disclosed by other issuers. Each of these measures are intended to provide additional information to the reader and should not be considered in isolation or as a substitute for measures prepared in accordance with IFRS. Certain non-IFRS financial measures used in this news release and common to the gold mining industry are defined below.

Total Cash Cost and Total Cash Cost per Ounce

Total Cash Cost is reflective of the cost of production. Total Cash Cost reported in the PEA include mining costs, processing & water treatment costs, general and administrative costs of the mine, off-site costs, refining costs, transportation costs and royalties. Total Cash Cost per Ounce is calculated as Total Cash Cost divided by payable gold ounces.

All-in Sustaining Cost (AISC) and AISC per Ounce

AISC is reflective of all of the expenditures that are required to produce an ounce of gold from operations. AISC reported in the PEA includes total cash costs, sustaining capital, expansion capital and closure costs, but excludes corporate general and administrative costs and salvage. AISC per Ounce is calculated as AISC divided by payable gold ounces.

Free Cash Flow (FCF)

FCF deducts capital expenditures from net cash provided by operating activities. Management believes this to be a useful indicator of our ability to operate without reliance on additional borrowing or usage of existing cash. Free cash flow is intended to provide additional information only and does not have any standardized definition under IFRS and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. The measure is not necessarily indicative of operating profit or cash flow from operations as determined under IFRS. Other companies may calculate this measure differently.

About Ausenco

Ausenco is a global company redefining what's possible. The team is based out of 21 offices working across five continents to deliver services worldwide. Combining deep technical expertise with a 30-year track record, Ausenco delivers innovative, value-add consulting, studies, project delivery, asset operations and maintenance solutions to the minerals and metals and industrial sectors (www.ausenco.com).

About Radisson Mining

Radisson is a gold exploration company focused on its 100% owned O'Brien Gold Project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. A July 2025 Preliminary Economic Assessment described a low cost and high value project with an 11-year mine life and significant upside potential based on the use of existing regional infrastructure. Indicated Mineral Resources are estimated at 0.58 million ounces (2.20 million tonnes at 8.2 g/t Au), with additional Inferred Mineral Resources estimated at 0.93 million ounces (6.67 million tonnes at 4.4 g/t Au). Please see the NI 43-101 "O'Brien Gold Project Technical Report and Preliminary Economic Assessment, Québec, Canada" dated August 20, 2025, and other filings made with Canadian securities regulatory authorities available at www.sedarplus.ca for further details and assumptions relating to the O'Brien Gold Project.

For more information on Radisson, visit our website at www.radissonmining.com or contact:

Matt Manson
President and CEO
416.618.5885
mmanson@radissonmining.com

Kristina Pillon
Manager, Investor Relations
604.908.1695
kpillon@radissonmining.com

Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-looking statements including, but are not limited to, statements with respect to the ability to execute the Company's plans relating to the O'Brien Gold Project as set out in the PEA; the Company's ability to complete its planned exploration and development programs; the absence of adverse conditions at the O'Brien Gold Project; the absence of unforeseen operational delays; the absence of material delays in obtaining necessary permits; the price of gold remaining at levels that render the O'Brien Gold Project profitable; the Company's ability to continue raising necessary capital to finance its operations; the ability to realize on the mineral resource and mineral reserve estimates; assumptions regarding present and future business strategies, local and global geopolitical and economic conditions and the environment in which the Company operates and will operate in the future;, planned and ongoing drilling, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, and the ability to incorporate new drilling in an updated technical report and resource modelling; the Company's ability to grow the O'Brien Gold Project; the ability to negotiate and execute an arrangement with IAMGOLD related to the Doyon Mill on satisfactory terms or at all; and the ability to convert inferred mineral resources to indicated mineral resources.

Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Forward-looking information is based on estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others; the risk that the O'Brien Gold Project will never reach the production stage (including due to a lack of financing); the Company's capital requirements and access to funding; changes in legislation, regulations and accounting standards to which the Company is subject, including environmental, health and safety standards, and the impact of such legislation, regulations and standards on the Company's activities; price volatility and availability of commodities; instability in the global financial system; the effects of high inflation, such as higher commodity prices; the risk of any future litigation against the Company; changes in project parameters and/or economic assessments as plans continue to be refined; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; risks relating to the drill results at O'Brien; the significance of drill results; and the ability of drill results to accurately predict mineralization. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. These statements speak only as of the date of this news release.

Please refer to the "Risks and Uncertainties Related to Exploration" and the "Risks Related to Financing and Development" sections of the Company's Management's Discussion and Analysis dated April 29, 2025 for the years ended December 31, 2024, and the Company's Management's Discussion and Analysis dated May 28, 2025 for the three-months ended March 31, 2025, all of which are available electronically on SEDAR+ at www.sedarplus.ca. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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Radisson Discovers Exceptional Visible Gold in Surface Trench Thirty Metres from O'Brien Core Shack and Office

Radisson Discovers Exceptional Visible Gold in Surface Trench Thirty Metres from O'Brien Core Shack and Office

Radisson Mining Resources Inc. (TSXV: RDS,OTC:RMRDF) (OTCQB: RMRDF) ("Radisson" or the "Company") is pleased to announce the discovery of a significant occurrence of coarse visible gold in a new surface trench excavated at its 100%-owned O'Brien Gold Project ("O'Brien" or the "Project") located in the Abitibi region of Québec. The trench is the first of several planned for the summer exploration program at O'Brien and is located just thirty metres east of the O'Brien core shack and office complex, close to the projected surface extension of the celebrated "Jewellery Box" zone.

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Locksley Names Industry Veterans CEO and COO to Fast-Track its US Mine-to-Market Effort

Locksley Names Industry Veterans CEO and COO to Fast-Track its US Mine-to-Market Effort

Locksley Resources Limited (ASX: LKY,OTC:LKYRF; OTCQB: LKYRF) announced the appointment of Kerrie Matthews as Chief Executive Officer (CEO) and Danny George as Chief Operating Officer (COO) of the company. The appointments are newly-created positions and significantly strengthen the company's executive leadership team at a pivotal time as Locksley advances the Desert Antimony Mine in Mojave . The two bring skill sets that can lead the company as it accelerates downstream processing and fast-tracks its mine-to-market solutions for antimony in the U.S. More information is available here: https:cdn-api.markitdigital.comapiman-gatewayASXasx-research1.0file2924-02998095-6A1285815&v=c2533a54e2514fb77a8f93f84db686e1125273e9

"The combined backgrounds of these two individuals in critical minerals, major project delivery and contract mining enable Locksley to address one of the most pressing US supply constraints: the absence of large-scale commercial antimony processing capacity," said Pat Burke , chairman of Locksley. "Their appointments significantly enhance our executive capability at a pivotal moment for Locksley, supporting our strategy to transform the historic Desert Antimony Mine into a modern, fully integrated mine-to-market supply chain for 100% Made in America Antimony."

Ms. Matthews is a highly accomplished executive leader with more than two decades of experience delivering significant and capital-intensive projects in the resources and infrastructure sectors. She has held leadership roles in the execution of BHP's US$3.8 billion South Flank Project and Iluka's A$1.8 billion Eneabba Rare Earths Refinery, Australia's first fully integrated rare earths refinery. She brings extensive expertise in governance, stakeholder alignment, cost optimization and regulatory engagement, alongside her proven record of aligning large scale projects with both commercial and government priorities.

Mr. George is an experienced senior executive with a global background spanning all phases of project execution across mining, energy and infrastructure. His past experience includes major projects with WSP, Fortescue, Mineral Resources, Thyssenkrupp and Ausenco, working with leading companies such as Vale, BHP and Hancock Prospecting. His track record includes copper and lithium concentrators, iron ore and coal export facilities, as well as emerging technology projects in hydrogen and green iron. His technical breadth and expertise in rapid project delivery, capital efficiency and large-scale project execution provide Locksley with the operational discipline and agility required to advance the Desert Antimony Mine project on an accelerated schedule.

The company also announced that Julian Woodcook has resigned as technical director to focus on his Managing Director role at Viking Mines Ltd. He has been instrumental in the rapid advancement of the Company's Mojave Project and will continue to offer strategic guidance to the company in a technical consulting capacity.

Locksley Resources ( https://www.locksleyresources.com.au ) is an Australian-based explorer focused on critical minerals and base metals, with assets in both the U.S. and Australia . The company is actively advancing its U.S. Asset, the Mojave Project, in California , targeting rare earths elements (REE) and antimony (The Desert Antimony Mine). The company also has a strategic collaboration with Rice University to develop DeepSolv™ for domestic processing of North American antimony. This agreement is a cornerstone of Locksley's U.S. Critical Minerals and Energy Resilience Strategy to accelerate "mine-to-market" deployment of antimony in the U.S.

Contact: Beverly Jedynak , beverly.jedynak@viriathus.com , 312-943-1123; 773-350-5793 (cell)

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/locksley-names-industry-veterans-ceo-and-coo-to-fast-track-its-us-mine-to-market-effort-302566544.html

SOURCE Locksley Resources

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NevGold Releases Significant Oxide Gold-Antimony Results: 11.41 g/t AuEq Over 6.1 Meters  Within 2.19 g/t AuEq Over 56.4 Meters  at the Limousine Butte Project, Nevada

NevGold Releases Significant Oxide Gold-Antimony Results: 11.41 g/t AuEq Over 6.1 Meters Within 2.19 g/t AuEq Over 56.4 Meters at the Limousine Butte Project, Nevada

Nevgold Corp. (" NevGold " or the " Company ") ( TSXV:NAU,OTC:NAUFF) (OTCQX:NAUFF) (Frankfurt:5E50 ) is pleased to announce further significant historic oxide gold-antimony ("Antimony", "Sb") results at its Limousine Butte Project (the "Project", "Limo Butte") in Nevada. The Company continues to expand the gold-antimony potential of the Project, highlighting its promising prospects for further exploration and development in Nevada, one of the world's prolific mining jurisdictions.

Key Highlights

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1911 Gold Commences Underground Drill Program at True North Gold Project

1911 Gold Commences Underground Drill Program at True North Gold Project

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB,OTC:AUMBF; OTCQB: AUMBF; FRA: 2KY) is pleased to announce that it has entered the next phase of advanced exploration, with the commencement of the Company's first underground drill program at the Company's wholly-owned operational and fully permitted True North Gold Project, located in Manitoba .

Highlights

  • The first underground drill rig has been mobilized to Level 16, approximately 695 metres ('m") below surface, to commence exploration drilling on the San Antonio Southeast ("SAM SE"), San Antonio West ("SAM W") and new Shore exploration targets.
  • Underground drilling will be expanded to include testing the extensions of the current resource and completing infill drilling to upgrade zones identified for development in the Preliminary Economic Assessment ("PEA") currently underway.
  • The current underground drilling plan is comprised of approximately 25,000 m in 122 holes.
  • A total of 20,342 m of surface exploration drilling in 71 holes has now been completed, primarily on the SAM W and SAM SE targets
  • The assay results from 11 surface drill holes at SAM SE and SAM W, totalling 5,368 m , drilling down to depths of approximately 550 m , are pending.

"Commencing underground drilling is a pivotal step in advancing the redevelopment of the True North Gold Mine," stated Shaun Heinrichs , President & CEO of 1911 Gold. "This program is designed to rapidly expand our current resource, extend the depth extensions of recent new surface discoveries that can meaningfully enhance the scale of our operations, and delineate two trial test mining areas. With strong community support and a fully permitted mill on site, we are excited to advance towards our next phase of growth."

The underground drill program marks a significant milestone as the Company advances its strategy to restart underground mining operations and build upon its existing permitted infrastructure and resource base. The focus of the current campaign will be on testing the resource size potential of newly identified drill targets, including SAM W and SAM SE (two recent discoveries located adjacent to the existing underground infrastructure and drill-tested from surface to depths of approximately 550 m ). The program will also target: potential mineral resource expansion through step-out drilling around the current resource; delineation drilling on two significant targets in preparation for trial test mining in 2026 on Level 16; and commence resource infill and upgrade drilling on areas identified for early production in the pending PEA. The underground drill program will initially utilize two (2) drill rigs, with additional rigs planned as access to new areas is established.

Program Description

The Company plans to complete approximately 25,000 metres of underground drilling in 122 drill holes over the next nine months.

Exploration Drilling

Drilling will test the down-dip extension of the SAM SE target, discovered during the surface drilling program, and the emerging Shore target (located directly southeast of SAM SE), hosted within the SAM gabbro unit at the intersection with the 007 shear zone. The 007 mine, which operated from 2010 through 2015, arose from the intersection of the 007 share zone and the shoreline basalt unit to the northeast of the SAM gabbro unit. A total of approximately 10,000 m in 24 drill holes is planned, from Level 16 and the lower portion of the L13 area within the Hinge decline once the Company regains access to that area. Rehabilitation of Level 6 is underway to facilitate drill access to test the down-dip extensions of the SAM W target.

Resource Expansion Drilling

Resource expansion drilling will focus on four (4) mineralized veins hosted within the 710-711, L10, 007 and Hinge zones, which can be drilled from the existing infrastructure on Level 16. The target areas are adjacent to known high-grade zones, which have demonstrated strong potential for resource expansion. Step-out drilling will test up and down-plunge extensions outside the current mineral resource. Approximately 6,000 m in 18 drill holes are planned for the initial resource expansion program.

Test Mining – Delineation Drilling

In preparation for a large test mining program in mid-2026, the Company will also complete approximately 9,000 m in 80 drill holes of delineation drilling. This drilling will focus on upgrading the resource to the measured category for two selected areas, which are accessible from Level 16 for both drilling and bulk sampling activities. The two areas designated within the mineral resource block model are hosted within the Hinge Zone (Vein 800 and 820) and the L10 Zone (Vein 1020 and 1040).

Qualified Person Statement

The scientific and technical information in this news release has been reviewed and approved by Mr. Michele Della Libera , P.Geo, Vice-President Exploration of 1911 Gold, who is a "Qualified Person" as defined under NI 43-101.

About 1911 Gold Corporation

1911 Gold is a junior gold developer with a highly prospective, consolidated land package totalling more than 61,647 hectares, situated within and adjacent to the Archean Rice Lake greenstone belt in Manitoba . The Company also owns the True North mine and mill complex at Bissett, Manitoba , providing a fully permitted infrastructure hub to support future development. 1911 Gold believes its land package represents a prime opportunity to build a new mining district centred on the True North complex.

In addition, the Company holds the Apex project near Snow Lake, Manitoba , and the Denton-Keefer project near Timmins, Ontario , and remains focused on advancing organic growth while pursuing accretive acquisition opportunities across North America .

1911 Gold's True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs
President and CEO

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward-looking information and statements, collectively ("forward-looking statements"), within the meaning of applicable Canadian securities legislation. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

All forward-looking statements reflect the Company's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company's forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, predictions, projections, forecasts, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about exploration plans and the timing and results thereof, as well as statements relating to the plans and timing for the potential mining operations at the True North Gold Project, including test mining and the benefits therefrom, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE 1911 Gold Corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2025/25/c6186.html

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